Speaking at the mid-term review of the Coalition agreement, David Cameron and
Nick Clegg say they believe they are "doing the right things" to
heal the British economy.

Speaking at a joint press conference in 10 Downing Street, Mr Clegg and Mr Cameron said that the government would deliver on its five-year commitment to ensure "strong, stable and determined leadership".

Mr Clegg said: "I am confident that the British economy is healing. I am confident that we are doing the right things to tackle the terrible black hole in our public finances, which we inherited."

He added: "We have created a million new jobs in the private sector. Of course we want to go faster, of course we want the healing process to take place faster but look at the headwinds we're having to deal with."

Mr Cameron said: "On every issue where Britain's wealth-creators have said to us, 'get behind us, do everything you can to make this a competitive and successful economy,' we're doing that.

"We are playing our role in helping Britain in this global race, but it is undoubtedly – as Nick has said – a tough environment when you've got recession in the Eurozone, you've got difficulties in the banking system and you've got uncertainties in the global economy."